Key Responsibilities:
a. Support for Group Finance Operations:
- Assist Finance Officers of group companies in making accurate accounting entries and finalizing financial statements.
- Provide training and support on bookkeeping and financial processes.
b. LC (Letter of Credit) and TT (Telegraphic Transfer) Operations:
- Manage and oversee LC and TT processes, ensuring timely and accurate execution.
c. Group-Level Financial Reporting:
- Prepare and finalize group-level financial reports and present them to the CFO.
- Consolidate monthly fund utilization reports and forecast fund requirements for the CFO.
d. Statutory Compliance:
- Oversee statutory audits, ensuring compliance with local regulations.
- Manage TDS, VAT filings, and other regulatory obligations.
e. Banking and Financial Institution Liaison:
- Build and maintain relationships with banks and financial institutions.
- Ensure compliance with terms of financial agreements, including validating charges against approved offers.
f. Asset Insurance Coverage:
- Ensure adequate and cost-effective insurance coverage for all group assets.
g. Strategic Investment Analysis:
- Conduct feasibility studies and financial due diligence for mergers, acquisitions, and partnerships.
h. Financial Planning & Budgeting:
- Prepare annual budgets and provisional financial statements.
- Address other financial planning and reporting needs as required.